"We are committed to implementing a state of the art indirect tax system, the Goods and Services Tax, from April 1, 2016," Jaitley told the Lok Sabha while presenting the NDA government's first full budget.

The GST, by subsuming a large number of central and state taxes into a single tax, would mitigate cascading, or double, taxation in a major way and pave the way for a common national market.

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